On 11 May 2021, the ”Draft Modification of the Mexican Official Standard NOM-151-SCFI-2016, Requirements to be observed for the conservation of data messages and digitalization of documents, published on 30 March 2017” (”Project”) was published in the Official Gazette of the Federation. The Project aims to regulate and approve the rules applicable to the communication and transmission of data messages through ”certified electronic communications.”
In this era of rapid digitalization the physical structures that facilitate the efficient transmission, storage and processing of data have increasingly critical roles to play in meeting our exponential growth in data usage. As digital infrastructure scales up, so does interest in investing into this new asset class, especially by long-term private capital investors.
The National Assembly of Vietnam, at its recent 10th meeting, has adopted the new Law on Environmental Protection following the proposal of the Ministry of Natural Resources and Environment of Vietnam. The New Law represents the most significant modernization of the environmental law regime of Vietnam since the first law on environmental protection in 1993. It will take effect on 1 January 2022 and will replace the current 2014 Law on Environmental Protection.
In June of 2021, the United States Supreme Court issued its first-ever holding related to the Computer Fraud and Abuse Act (enacted in 1986). Bradford Newman, Chair of Baker McKenzie’s North America Trade Secrets Practice, explains the two key holdings from this important decision and the specific practical steps all companies should now take to strengthen their trade secret protections.
In June of 2021, the United States Supreme Court issued its first-ever holding related to the Computer Fraud and Abuse Act (enacted in 1986). Bradford Newman, Chair of Baker McKenzie’s North America Trade Secrets Practice, explains the two key holdings from this important decision and the specific practical steps all companies should now take to strengthen their trade secret protections.
South Africa received the positive news on 10 June 2021 that the threshold for self-generation power project licenses would increase to 100 MW. This is a welcomed and long-awaited development in a country that has been plagued by power supply challenges, which have had a significant impact on the private sector and are contributing to the impediment of much-needed economic growth in South Africa.
On 1 June 2021, the US Treasury Department’s Office of Foreign Assets Control published the Burma Sanctions Regulations to implement Executive Order 14014, “Blocking Property With Respect to the Situation in Burma”. This imposed sanctions on certain Burmese parties in response to the Burmese military’s coup against the democratically elected civilian government.
On 31 May 2021, the Mexican President published on the Federal Official Gazette a major amendment to the Secondary Regulations for Health Supplies (Reglamento de Insumos para la Salud, “RIS”) (“Decree”). The Decree is effective as of 1 June 2021, affecting both medicines and medical devices. It improves the regulatory environment.
On 8 June 2021, US Customs and Border Protection (CBP) published in the Federal Register a notice that the Commercial Customs Operations Advisory Committee will hold its quarterly meeting on Wednesday, 23 June 2021 from 1-5 p.m. (EDT). The meeting will be open to the public via webinar only. Public comments are welcome.
Welcome to the June 2021 edition of Baker McKenzie’s International Trade Compliance Update. Highlights include WTO: Covid-19 and TBT Notifications; DSB actions; Trade Policy Review of Kyrgyz Republic, WCO: Operation Pandora, CITES: Notifications 2021/036 through 041, FAS GAIN Reports and more.